Hall of Fame quarterback Drew Brees and his business partner, Vuori CEO Joe Kudla, have submitted a bid to purchase the San Diego Padres, according to a new report.
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Four other groups have formally entered the process to potentially buy the Major League Baseball franchise, according to Dennis Lin and Ken Rosenthal of The Athletic.
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The rival bidders, according to multiple reports, include:
• Joe Lacob, the Golden State Warriors co-owner who purchased a majority share of the NBA franchise in 2020
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• José Feliciano, a private equity who co-owns Chelsea of the English Premier League
• Dan Friedkin, a private investor whose diversified holdings include AS Roma and Everton
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The identity of the fifth bidder remains a mystery. The Athletic reports that each of the bids is “strong.”
Brees, who played for the San Diego Chargers from 2001-05 before finishing his 20-year career with the New Orleans Saints, is involved with marketing the athleisure brand Vuori. Kudla, its founder, went to the University of San Diego.
The Seidler family announced in November it was exploring a sale of the Padres.
More to come on this story.